A Mentor-Student Conversation

With all eyes on Bernanke and the Jackson Hole speech tomorrow, I do not think its prudent to be giving any trade recommendations (or taking any new positions) till after the announcement with most traders/investors on the sidelines

Thus, I wanted to do was share an email exchange I had with one of my students which I thought would be really helpful for those struggling with the learning/trading process.  Many traders either now or in the past, have gone through a similar experience with many never really getting past this stage.  Hence, I think you will find this quite informative and possibly reflective of your experience.

The Student (we’ll call him James):   

Hi Chris,

I guess my frustrations are cause

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